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Search Results 0 to 3 of about 4 (some duplicates have been removed)
FOX Business
Sep 12, 2012 5:00pm EDT
of the oil from the middle east has to go through in order to get to europe and the united states. libya, for example, has brought its oil industry back online. it is pumping more than i believe a million barrels a day. these are essential to the oil markets internationally and to the price of gas here in the united states. so it's not just oil. it's also international security. it is future of israel. it is our long-term interests in the middle east. melissa: is it working? i hear what you're saying and you look at pictures and see what happens, you have to ask yourself is it working? >> of course those of us who have been out there, we're shocked and we're obviously very, very saddened by these events and our first reaction of one, gee, why does this happen? what we have to do is first of all see what the governments will do in response to these attacks. they have an absolute responsibility to protect embassies and diplomatic establishments. this was not done at all in the case of egypt. the libyans tried. there was a major gunbattle with terrorists involved. we have to see in days ahe
FOX Business
Sep 13, 2012 5:00pm EDT
. they are kind after bulwark there helping long-term interests of the united states. if we're cut off funding we're really only slepting the hand of the muslim brotherhood. melissa: we give $1.6 billion that is late slated this year goes to egypt. doesn't seem like they're keeping things very safe. when you see pictures of rioting and protests going on. you look what happened to our embassy. we're looking at pictures right there. this is a country where we're giving mo anyone to the military. where is the money going? >> you have to think about it as two things. one basically a risk insurance policy regarding israel. ever since the camp david accords we've been giving money to egypt. basically a quid pro quo whereby they keep peace with israel. when you look what we're spending per hour per day at afghanistan that is huge bill. 1.3 billion a year is not all that much money. sound like a lot but at the end of the day it is not that much. melissa: is it working though? is it doing what it is supposed to be doing? >> it is doing one thing that matters the most, keeping israel and egypt at peace. fr
Search Results 0 to 3 of about 4 (some duplicates have been removed)